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Yen exchange rate is higher than the euro for the first time in about 2 years and 4 months | NHK News

2019-09-03T09:38:01.278Z

The Tokyo foreign exchange market and the yen exchange rate on the 3rd have risen against the euro and have been strong for the first time in about two years and four months. E from England ...


Yen exchange rate is strong for the first time in two years and four months against the euro September 3, 18:29

The Tokyo foreign exchange market and the yen exchange rate on the 3rd have risen against the euro and have been strong for the first time in about two years and four months. This is because there is a movement to sell the euro because of the caution about a series of movements over the UK's EU-European unconceded withdrawal.

The yen's exchange rate at 5 pm was 1 dollar = 105.98 yen to 99 yen against the dollar, which was a 27 yen yen appreciation against the dollar compared to 2 days.

On the other hand, against the euro, the yen was weaker by 74 yen / yen against the euro at 115.93 to 97 yen / euro, which was the first ever high in the yen since the middle of April 2017 for about two years and four months. It was.
The euro was 1 euro = 1.0939-40 dollars against the dollar.

A market official said, “There is a move to sell pounds and euros in the market due to concerns about forced withdrawal from the remarks of British Prime Minister Johnson, who strongly controls opposition movements without leaving the EU. `` It is also linked to the euro selling that the European Central Bank is seeing a slowdown and the view that the European Central Bank will make additional monetary easing at a meeting to decide monetary policy next week. '' .

Source: nhk

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